Project management exam
Which of the following is not a sub-process associated with risk management
risk measurement;
Which of the following is most closely associated with FMEA?
risk priority number
Altering the specifications of an ongoing project is referred to as?
scope creep
The main distinction between platform and breakthrough projects is that the former usually depend on existing technology
true
The process of managing the way different departments or groups work together is called integration management
true
The project baseline plan is the open honest and frequent communication between the interested parties of a project
true
The project manager must maintain a high level of flexibility in dealing with people.
true
The task of bringing the work of all groups together to make a harmonious whole is called systems engineering.
true
You can depict who is responsible for a task on a RACI.
true
Searching for the third alternative is most closely associated with?
win win negotiation
Which of the following is not an important advantage of empowerment?
high degree of worker specialization;
A functional project structure is not characterized by:
improved communications;
Which of the following is a numeric project selection method?
payback period
The three primary goals of any project are:
performance budget schedule;
Which of the following would not be considered a project?
placing the weekly replenishment order;
Entries above the diagonal in the Design Structure Matrix indicate
potential rework situations
The ________________________ attempts to link the organizations projects directly to the goals and strategy of the organization.
project portfolio process
Which of the following is not a trend in project management?
reductive projects
It is common practice to select the project manager prior to the project being selected
false
It is more important for project team members to focus on their specific project activities than on the projects overall results.
false
Negotiating the purchase of a new car would typically be characterized as win win negotiation
false
One reason for the emphasis on project management is that tasks fit neatly into business as usual.
false
Project budgets are primarily modifications of budgets for the same activity in the previous period.
false
Project team conflict stifles team creativity.
false
Projects success is not determined by the portfolio of projects in an organization.
false
Rank-ordering a large number of projects can be done with a Qsort
false
Schedules section of the project master plan.
false
Since the PM has position power there is no need for them to have credibility.
false
Taken together the RACI and the Work Breakdown Structure may be used to determine the importance of each task listed.
false
The RACI matrix is a tool to organize the cost in your project plan.
false
The construction of a house would likely follow a J shaped lifecycle
false
The details of the project work force are discussed in the Resource Requirements section of the project master plan.
false
The main distinction between platform and derivative projects is that the latter depend on existing technology.
false
The primary purpose of the launch meeting is to develop the project plan and budget
false
The project manager depends on legitimate authority to gain the cooperation of the many departments in the organization that may be asked to supply technology, information, resources and personnel to the project.
false
The project manager is supposed to facilitate the work of the project team and must therefore stay aloof from the conflicts arising among project team members.
false
The project manager should take a careful analytic approach to making decisions about projects
false
The project plan should begin with a complete description of all agreements made with the client or any third party.
false
The start and finish date of a project must be specified before the action plan can be completed.
false
When planning it is best for the project manager to breakdown and define the different levels of the project plan.
false
When using the weighted scoring model the categories for each scale must be in equal intervals.
false
While the design structure matrix can help identify potential rework situations typically nothing can be done to avoid them.
false
The project team members should be all of the following except.
focused on activities
In Crystal Ball, cells that contain outcomes we are interested in are called
forecast cells
Which of the following types of organizations would likely not have a program manager?
functional project organization;
It is acceptable to restrict the launch meeting to brainstorming a problem.
true
It is critical to a projects success to have top management support.
true
Lack of planning is a major contributor to projects failure.
true
Mind mapping is a planning tool
true
Mind mapping is a whole brain approach that is particularly applicable to project management.
true
Multidisciplinary teams are almost certain to operate in an environment of conflict
true
Project team members are often faced with conflicting orders in a matrix organization.
true
Projects are subdivisions of programs.
true
Projects in which team members may never physically meet before the team is disbanded and another team reconstituted is called a virtual team.
true
RD projects are oriented toward using newly developed technologies or existing technologies in a new manner
true
Scoring methods were developed to overcome some of the disadvantages of simple financial profitability methods.
true
The comparative benefits method is considered a nonnumeric project selection method.
true
The design structure matrix can be used to identify potential rework situations due to the flow of information in a project
true
The functional manager has expertise in the function he or she manages but the project manager rarely has expertise in many of the projects technical areas.
true
The initial project meeting is just to coordinate the project so areas of responsibility do not need to be discussed.
false
One can trade off time and cost when managing a project, but the projects technical specifications must be maintained exactly as the client initially specifies
false
If a PM manages her project well enough she can eliminate uncertainty.
'False'.
For a self directed team to be successful team members must be given their authority and mission by senior management.
'True'.
The job of managing work across multiple groups is called integration management.
false
The salary requirements of human resources are a required element in the project plan.
False'.
A or An __________________ shows the set of all tasks in a project arranged by task level?
Work Breakdown Structure
According to the text the use of sticky notes can be particularly useful for constructing a n
Work Breakdown Structure;
If the initial investment is a project is 100000 and the expected annual net profit for the project is 20000 the payback period is.
5 years;
Dysfunctions of a team include
All of the above
Which of the following is are criteria for project selection? The aggregate project plan can be used for the following except which of the following? {~View the mix of projects within each illustrated aspect; =Determine the profitability of the projects; ~Analyze and adjust the mix of projects within each category or aspect; ~Identify and adjust the gaps in the categories, aspects, sizes and timing of the projects}
All of the above
Which of the following criteria can be included in scoring models for selecting projects
All of the above can be included;
FMEA stands for.
Failure Modes and Effect Analysis;
A project that is selected because it is necessary for continued operations exemplifies a sacred cow.
False
An advantage of pure project organization is its great depth of technical knowledge.
False
Cross divisional project communication is enhanced when a project is organized in a functional project organization.
False
Defining resource needs is not necessary on small projects
False
In the early years of a project when outflows usually exceed inflows the NPV of the project for those years will be positive.
False
Intrateam conflicts are minimal in a matrix organization.
False
It is common practice to select the project manager prior to the project being selected.
False
It is not possible to overdo it when it comes to project planning.
False
Many recent developments in project management are being driven by changes in the nature of the American workforce.
False
Nonnumeric project selection methods are only suitable if numeric methods are not available.
False
One of the few similarities between project management and general management is that both exist in the well-defined organizational structure of superior/subordinates in the overall organization.
False
One of the problems with mind mapping is that it is relatively difficult to convert into work breakdown structure WBS.
False
Programs are subdivisions of projects.
False
Project war rooms discourage team cooperation, morale and communications.
False
Projects with deliverables that are incrementally different from existing offerings are classified as platform projects.
False
RACI stands for remove all cost information.
False
The project manager can plan at all levels of the project.
False
The work breakdown structure is one way to separate project activities by their level of importance.
False
When making trade offs on a project, the project manager needs to be aware that profit for the firm is always the most important of the projects goals.
False
When using financial methods for selecting projects, the payback period is the simplest and best method to use.
False
While general managers have their authority limited to specific areas in the overall organization, project managers have authority over any activity required by the project.
False
Which of the following is not a category in the RACI matrix?
Interpret
The four essential skills of persuasion described Jay Conger 1998 include all of the following except.
Must give locker-room motivational speeches;
Which of the following is a nonnumeric project selection method?
Q sort method
Blue Sky projects are?
RD projects
The PMs job includes all of the following except?
Supervisor;
During project formation stage, the major sources of conflict are all of the following except.
Technical;
Which of the following is not a characteristic of a project?
They are routine
Which of the following is not a characteristic of effective project team members?
They have a strong orientation to their discipline;
One limitation of scoring methods is that they can only incorporate quantitative data.
false
A disadvantage of using the discounted cash flow method or net present value for selecting projects is that it ignores all non-monetary factors associated with the project.
True
A matrix organization is a combination of pure project organization and functional organization.
True
A representative of senior management should be invited to the project launch meeting
True
As the present value of future returns decreases with rising discount rates, firms with high hurdle rates favor short-run projects.
True
In order for a PM to be believable the PM must have technical and administrative credibility.
True
It is appropriate for the project manager to play an active role in communications between the client and the senior management of the organization conducting the project
True
It is common to have more than one boss in a matrix organization.
True
Matrix, pure project and functional project organizations may exist in the same company.
True
Morale of the project team is a key responsibility of the project manager.
True
Political savvy is not only an important characteristic of a project manager but is also important forproject team members
True
Predecessors must be listed in the WBS because they are critical for scheduling.
True
Projects are always carried out under conditions of uncertainty.
True
The action plan should identify the projects deliverable.
True
The individual with responsibility for performing a task is more likely to overestimate the time required to complete the task than his her immediate supervisor.
True
The letters used in the RACI matrix help link a person and a task for accountability purposes.
True
When it comes to assigning individuals to work on projects functional managers and project managers are often in conflict.
True
How many different types of project organizations are there?
Unlimited Number
Projectitis is most likely to occur in which type of project organizational structure?
a pure project organization;
In order to prepare a mind map you need to start with.
a statement of the projects objectives
A matrix project that closely resembles the pure project is referred to as?
a strong matrix
A Project charter affirms that all major parties of interest are in agreement on
all of the above
Interface mapping can be used during interface coordination and integration management to
all of the above
The project manager is responsible to.
all of the above
The skill of persuasion has the following parts
all of the above
Projects that begin with a slow start have quick momentum in the middle and have a slow finish are said to follow which type of lifecycle?
an S shaped lifecycle
The blank approach centers on understanding the bits and pieces in a system
analytical
In project management, superior-subordinate relationships are known and lines of authority are clear
false
In the Design Structure Matrix
both the rows and columns correspond to tasks;
Which of the following is an important project manager role?
communicator
Which of the following is not related to the three goals of a project?
data
A PM does not need to understand why a project is selected for funding because he did not initiate the process.
false
A disadvantage of empowerment is the lack of timely feedback.
false
A disadvantage of using scoring models rather than financial models for selecting projects is that they cannot include the projects profitability.
false
A key deficiency of the aggregate project plan is that it provides little information about the resources committed to the various projects.
false
A similarity between project management and general management is the tendency to manage by exception.
false
As a rule of thumb the lowest level tasks in a typical project should not take longer than two days to complete
false
As a rule of thumb the number of factors included in a scoring model should be at least 10
false
Conflict occurs mainly at the beginning of the project.
false
Functional project organizations have higher personnel costs than pure project organizations
false
If the performance of all subsystems is optimized it follows that the overall system is optimum
false
SDT stands for
self directed team
SMT standards for
self managed teams
The operation was a success but the patient died best exemplifies?
suboptimization;
Which of the following is not true concerning the difference between the project manager and the traditional manager
the PM uses an analytical approach the TM uses a systems approach
Which of the following is used to show linkages between people and tasks?
the RACI;
A matrix that illustrates the magnitude of both product and process changes resulting from a project is called
the aggregate project plan
Which of the following are projects?
the design and development of a new product;
The results of the launch meeting include.
the projects scope is understood;
What is the primary purpose of creating a work breakdown structure?
to make sure important tasks are identified;
The first task of a newly appointed project manager is
to review the project objectives with senior management
A disadvantage of using the payback period method for selecting projects is that it cannot reflect the time value of money.
true
A limitation of traditional project management planning tools is that they do not address the flow of information
true
A primary purpose of forming projects is to assign the responsibility for accomplishing some organizational task to a specific person or small group.
true
A pure project organization is usually too expensive for the management of small projects
true
Achieving both strategic and routine goals are growing in importance in project management
true
Another name for concurrent engineering is simultaneous engineering.
true
Functionally organized projects are not seen as a high priority by functional managers.
true
Having responsibility for the outcome of a project without the authority of rank or position is common in project management
true
In project management it is often necessary to trade off one objective for another.
true
Integration management and parallel tasking are fundamentally concerned with coordinating the flow of information.
true